Finding the Right Formula For Office Design Requires Experimentation

What do you say to the worker who wants to leave the open floor plan office for some “heads down” time and privacy, and who ends up working in a Starbucks for the rest of the afternoon?

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IBM to Workers: Bring It In

Reports were conflicted this week about whether IBM’s recent decision to curtail its industry leading work from home benefit is a net positive.

According to a CNN article, “the technology giant has been a leader in terms of letting employees work from home, and has bragged about the savings and increased productivity that’s resulted. About 40% of its nearly 400,000 employees worldwide did not have a traditional office, the company said in 2007, which is the last time it released such data.”

But now the company is pulling back that benefit for thousands of workers, although the company won’t say exactly how many, according to The Wall Street Journal.

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Unilever’s Goal Is To Go Beyond Energy Neutral

Unilever is a global conglomerate that makes a number of brands that are household names: Ben & Jerry’s, Q-Tips, and Dove soap, to name just a few. And the London-based company may become even better known for its aspirations to become completely energy neutral. And, to do it by occupying buildings that generate more energy than they consume.

In a whitepaper written for CoreNet Global, Unilever detailed its goals and provided case studies of recent efforts.download-1

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Sustainable Cities: Going Beyond Smart Cities

According to this article, “A few years ago a global milestone was reached.  More than 50% of the global population now lives in an urban environment.  The city has finally become the dominant place to live.  Given the changing environment and increasing technology, the city has begun to dramatically change in the past 5-10 years.  And it will continue to evolve and change at an increasingly faster pace.”Read more


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What Constitutes Digital Privacy?

Corporate real estate managers now have or soon will have access to all kinds of data regarding how well space is being utilized. Beacons and sensors can tell us, for example, when and how conference rooms, private offices, and common areas are being used. They can tell us what temperatures employees prefer, the noise levels, even whether or not the space was being used productively.

But when does information that is useful to have, become an invasion of privacy to divulge? 

A recent survey conducted by CoreNet Global, along with Steelcase and Radius Global confirmed that real estate managers highly value information that helps them understand space allocation, such as knowing how many of each types of space are needed, patterns of space usage over time, the type — and quality — of work being conducted.Read more


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Technology and Corporate Real Estate Finance – Future Best Friends?

In a March 2017, Financial Director article by Emma Smith titled How advanced technologies can help finance executives prepare for the next generation of corporate real estate regulation,” CFOs and other finance executives are encouraged to consider and prepare for the many challenges making their way into corporate real estate (CRE).  Intentionally losing a reliance on spreadsheets in favor of digital tools, adopting automated technology to manage changes in financial accounting procedures, and incorporating Internet of Things (IoT) and virtual reality (VR) technology to more effectively manage physical space are the three primary areas of focus in this short introduction to the growing importance of technology in CRE finance.Read more


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It’s Like, I Don’t Even Know You Anymore

Right now, right this minute, take a look at the person working next to you. Does that person work for the same company that you do?

The chances are increasing that the answer to that question is, or soon will be, no; as coworking is set to take the world by storm.

In a new survey conducted by CoreNet Global and Cushman & Wakefield of corporate real estate executives, 54 percent are looking to lease space from coworking operators. But nearly all of them want to cut expenses and lease terms, and if they haven’t yet they may soon find that coworking is a fantastic solution.

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Steve Jobs Lives…and it’s a good thing for corporate real estate

You know that feeling of excitement when you’re opening up the packaging to Apple’s newest product? (And come on PC users – fess up.)

Well, we’re feeling it today, but because it’s not just a new product, it’s THE product that gets us where we live:  Apple’s new headquarters, Apple Park — the spaceship —  in Cupertino, Calif. This month, Apple is scheduled to begin moving employees into its circular, 2.8 million-square-foot, 176-acre site that will eventually house 12,000 employees according to an article in MacWorld.

What interesting for us is that Apple Park will incorporate many of the elements of corporate headquarters that we have been predicting will become the norm for many years:

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Corporate Real Estate is Truly Global

As economies develop and mature, we think of corporate real estate as the oil that keeps everything running smoothly. Nowhere is this more apparent than in China, where the corporate real estate profession is growing as the national and regional economies interact more with those of other countries.

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Detour!: We’ve All Got Georgia On Our Minds

As a predictor of corporate real estate trends (accurately, we might add) for about the last 20 years, you might say figuratively that CoreNet Global is the heart of corporate real estate strategy and workplace trends.

Today, you can say it literally too. CoreNet Global is located in downtown Atlanta, GA the site of a fire on a major north/south highway that is one of the most heavily travelled in the southeast portion of the U.S.

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Setting Up Successful Secondments

You’ve probably heard the term “secondment” as it relates to corporate real estate. But what does it mean?

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Drones: Eyes in the Sky, or Hurdles to Cross?

Frequently making headlines today is the use of “drones,” or unmanned aerial vehicles (UAVs), particularly as it relates to package delivery.

 

“This is the application that gets all the attention,” said Sheridan Ware, Chief Information Officer – Asia Pacific for Cushman & Wakefield, in introducing the topic to an educational session at the CoreNet Global Summit Shanghai. “Regardless of what you hear, just-in-time package delivery is still very experimental, with many hurdles yet to cross.”

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